BAC-PL:NYE-Bank of America Corporation (USD)

PREFERRED SHARE | Banks-Diversified | NYE

Last Closing Price

USD 1,425.99

Change

-2.76 (-0.19)%

Market Cap

USD 280.33B

Volume

3.42K

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2020, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 17,000 ATMs; and digital banking platforms with approximately 39 million active users. The company was founded in 1784 and is headquartered in Charlotte, North Carolina.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
JPM JPMorgan Chase & Co

+1.16 (+0.75%)

USD469.78B 17.34 N/A
JPM-PD JPMorgan Chase & Co

N/A

USD365.95B 3.10 N/A
JPM-PC JPMorgan Chase & Co

+0.04 (+0.14%)

USD364.71B 3.13 N/A
BAC Bank of America Corporation

+0.29 (+0.73%)

USD345.52B 21.23 N/A
BML-PL Bank of America Corporation

N/A

USD309.45B 13.43 N/A
BAC-PE Bank of America Corporation

-0.07 (-0.27%)

USD301.92B 13.59 N/A
BML-PG Bank of America Corporation

N/A

USD297.21B 10.84 N/A
BML-PH Bank of America Corporation

N/A

USD294.35B 10.69 N/A
BML-PJ Bank of America Corporation

N/A

USD289.23B 12.32 N/A
BAC-PB Bank of America Corporation

-0.04 (-0.14%)

USD275.37B 14.73 N/A

ETFs Containing BAC-PL

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -6.10% 5% F 11% F
Dividend Return 1.19% 29% F 62% D-
Total Return -4.90% 5% F 12% F
Trailing 12 Months  
Capital Gain 4.09% 24% F 14% F
Dividend Return 5.29% 47% F 67% D+
Total Return 9.38% 21% F 16% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 0.44% 61% D- 42% F
Dividend Return 1.26% 14% F 30% F
Total Return 1.70% 45% F 33% F
Risk Return Profile  
Volatility (Standard Deviation) 4.59% 68% D+ 94% A
Risk Adjusted Return 37.08% 55% F 55% F
Market Capitalization 280.33B 86% B 100% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.